Cello Tower Update
It’s officially June! Lynn Stringer back with another update for Cello Tower. Recently, it was announced by the developer that they had sold 39 out of Cello Tower’s 240 units, valued at $67 million. That’s a big deal. Why? Why would this be significant? Because right now, the two first high-rise condo projects since the 2008 crash are well underway. These projects are Cello Tower at Origin and the Four Seasons Residences in MacDonald Highlands. Both of these projects offer a really unique opportunity. Today, I’m going to share some of the latest news about Cello Tower and its plan to break ground this fall. Here we are on June 1st, and it’s not that far away.
Latest Developments
This comes at an interesting time for Las Vegas. A recent report by Applied Analysis said that in Q1 2024, Las Vegas set its record for average sales price at $828,902. That is roughly a 42.5% increase over the first quarter of just two years ago.
The Cello Tower high-rise condominium project has made strides as it prepares to start construction this fall, ahead of a late 2026 opening. Here are the key points:
- 39 units sold out of 240, valued at $67 million
- 90 additional reservations
- 240 units in a 32-story tower
- Part of a mixed-use development in Symphony Park
- Prices: Traditional units from upper $700,000s, penthouses from the low $7 millions
- Competitive price per square foot compared to other high-rise condo projects in the valley
Also Read: Construction Permit Filed For Cello Tower At Origin In Downtown
Rendering Of A Penthouse Condo At Cello Tower
About Cello Tower
Cello Tower is an integral part of the Origin development in Symphony Park. This visionary project redefines the urban landscape, blending residences, retail spaces, work environments, and communal areas. Here’s what you need to know about Cello Tower:
- 32-story high-rise: Offering 240 luxury condos
- Sophisticated interiors: Floor-to-ceiling windows with panoramic views
- Amenities: Elevated pool, pet spa, entertainment kitchen, cold plunge
- Community features: Grocery store and other retail spaces
- Sales: 39 units sold, 90 reservations
- Pricing: Traditional units from upper $700,000s, penthouses from low $7 million
The tower is meticulously crafted by Perkins Eastman and promises an unparalleled blend of sophistication and craftsmanship. It is set to become a landmark in the heart of Las Vegas.
About Origin At Symphony Park
Origin at Symphony Park is a mixed-use development set on six acres where Las Vegas began. It aims to blend residences, retail spaces, work environments, and communal areas seamlessly. Here are the highlights:
- Historic Location: Where Las Vegas began
- Mixed-Use Development: Residences, retail, and workspaces
- Community Hub: Vibrant atmosphere
- Outdoor Promenade: Tree-lined space for events
- Cultural Integration: Near the Smith Center
- Pedestrian-Friendly: Promotes walkability
- Architectural Excellence: Designed by Perkins Eastman and One Line Design Studio
- Collaborative Retail: Managed by Paragon Commercial Group and The McGarey Group
The development will include world-class retail, a grocery store, dining establishments, and collaborative workspaces, fostering a community nucleus.
Also Read: Symphony Park Master Plan Map And Overall Sitemap For Origin
Cello Towers Will Stand As A 32-Story Condo Building
Symphony Park
Symphony Park, where Origin will be built, is quickly becoming the epicenter of Las Vegas. It includes:
- Smith Center: Performing arts venue
- Frank Geary-designed Cleveland Clinic: Notable architecture
- Elaine Wynn Las Vegas Museum of Art: Cultural hotspot
- Discovery Children’s Museum: Family-friendly environment
This area is transforming into a vibrant, pedestrian-friendly community that infuses suburban tranquility with urban convenience. The project includes retail uses at the base of the tower with a grocery store, an office building, and 153 apartments above the retail area separate from the condos for sale at Cello Tower.
Would You Like To Reserve A Unit?
To reserve a condo at Cello Tower, here’s what you need to know:
- Reservation Deposit: $10,000 soft deposit
- Full Deposit: 20% of purchase price within six months
- Prices: Start from mid-$700,000s for regular units, $7+ million for penthouses
- Timeline: Units expected to be delivered by late 2026
With multiple decades of experience as a Las Vegas real estate agent and broker, I’m deeply involved in this project. I’ve been helping educate my clients about it from the beginning. I’m close with the developer’s sales team and look forward to helping my clients seize this incredible opportunity at Cello Tower. If you’re interested in reserving one of these units, I’m here to help you every step of the way. Contact me today using the contact form found below.
Like this content? Stay tuned for more updates!